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NCLT to hear Ericsson India's insolvency petition against RCom

The Swedish telecoms equipment maker is seeking a total of Rs1,155 crore

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The exterior of an Ericsson building is seen in Stockholm. (File photo: Reuters)

Agencies
Ericsson India's insolvency petition against Reliance Communications will come up for hearing at the NCLT today. 

Ericsson's Indian subsidiary has filed insolvency petitions against Reliance Communications and two of its companies to recover unpaid dues, the Indian mobile operator said in a stock exchange filing in September.

The Swedish telecoms equipment maker, which signed a seven-year deal in 2014 to operate and manage Reliance Communications' nationwide network, is seeking a total of Rs1,155 crore ($180 million) from the three companies, the filing said.

Reliance Communications said it planned to challenge the insolvency petitions. The filing said the Ericsson case would go before the